Singapore Government Spending

Government Spending in Singapore decreased to 10674.70 SGD Million in the third quarter of 2018 from 10691.70 SGD Million in the second quarter of 2018. Government Spending in Singapore averaged 4376.64 SGD Million from 1975 until 2018, reaching an all time high of 11009.30 SGD Million in the first quarter of 2018 and a record low of 733.60 SGD Million in the first quarter of 1975.

Government Spending in Singapore is expected to be 10498.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Singapore to stand at 10930.00 in 12 months time. In the long-term, the Singapore Government Spending is projected to trend around 11030.00 SGD Million in 2020, according to our econometric models.

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Singapore Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Singapore Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Government Spending - actual data, historical chart and calendar of releases - was last updated on January of 2019.